UPDATE 1-DAVOS-Fiat CEO says GM settlement still possible

Newswire

(Adds quotes, background, share price) By Knut Engelmann DAVOS, Switzerland, Jan 28 (Reuters) - The CEO of Fiat said on Friday that the Italian group and General Motors Corp can still settle their dispute over Fiat's option to sell its car arm to GM without going to court. "I'm hopeful that both organisations will do the best thing," Sergio Marchionne told Reuters on the sidelines of the World Economic Forum at the Swiss resort of Davos. "There is in my view potential for a ...

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